Significant Influence and Equity Method in the Accounting
Ok, we’re now moving on to IAS 28. - What does the IASB, require: The objective of this Standard is to prescribe the accounting for investments in associates and to set…
There Are Rules Pertaining to How and If Something is Consolidated
There are rules pertaining to how and if something is consolidated depending upon the position i.e. whether you do or do not control the entity. Sounds simple but it isn’t.…
New President for The Chartered Global Investment Analyst Institute
The Chartered Global Investment Analyst Institute has appointed Peter Edward Welch as its President. Lucubrate Magazine is proud to announce that one of our most significant contributors to the magazine has…
Comparability is a Critical Component
The position of the IASB is to do its best to ensure by codification and obligatory compliance that comparisons can be drawn between different entities embracing the faithful representation concept.…
Write Off to the Income Statement
All assets (excluding land) will eventually all be written off to the income statement, however, that can take from one to several years. Translate the Income Statement A leaving IC…
The Concept of Intellectual Capital in the Accounting
To all the diehard fans out there, seriously, that are all anxiously waiting for the next IAS article understand where IC and knowledge management fits in. These three articles discussing…
Human Capital, Customer Capital and Structural Capital
Lucubrate Magazine, Issue 43, October 19th, 2018 Think about this simple statement, is it better, from a marketability and fund-raising perspective, to have more high-quality assets being reported than less!…
Intellectual Capital and Knowledge Management
Lucubrate Magazine, Issue 42, October 12th, 2018 For the next 2 to 3 articles we are going to introduce and discuss intellectual capital (IC) and knowledge management. For you readers…
Exchange Rates Fluctuate Continuously
Lucubrate Magazine, Issue 41, October 5th, 2018 Consider that once a day goes by, the exchange rate for that day, yesterday, is fixed in time and will never change. Accounting…
What is and What isn’t?
Lucubrate Magazine, Issue 39, September 14th, 2018 Who says accountants can’t have fun!! Accounting for IAS 40 in 40 seconds Ready? Go! - Have fun Accounting Series – article No:…